RIVERNORTH FLEX MUNI II (RFMZ) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:RFMZ • US76883Y1073
Taking everything into account, RFMZ scores 5 out of 10 in our technical rating. RFMZ has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, RFMZ is a bad performer in the overall market: 73% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- RFMZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RFMZ is lagging the market.
- In the last month RFMZ has a been trading in a tight range between 12.76 and 13.19.
Although the technical rating is only medium, RFMZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RFMZ in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.09
We found 2 important support areas.
- A support zone ranging from 12.65 to 13.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.21 to 12.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.60 to 14.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for RFMZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFMZ is up. |
| ChartMill Relative Strength | 27.21 | NEGATIVE | RFMZ has a low relative strength, it was outperformed by 72.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFMZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFMZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFMZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.95 | NEUTRAL | The RSI value for RFMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RFMZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.87 | OVERBOUGHT | The high Stochastics value suggests RFMZ may be overbought. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for RFMZ suggests low volalility. |
| Average Directional Index/ADX (14) | 23.94 | NEUTRAL | The ADX value for RFMZ suggests a possible start of a new trend. |
NYSE:RFMZ (2/6/2026, 8:04:10 PM)
13.11
-0.01 (-0.08%)
RIVERNORTH FLEX MUNI II / RFMZ FAQ
Can you provide the ChartMill technical rating for RIVERNORTH FLEX MUNI II?
ChartMill assigns a technical rating of 5 / 10 to RFMZ.
What is the current trend direction of RIVERNORTH FLEX MUNI II (RFMZ) stock?
The current trend direction for RIVERNORTH FLEX MUNI II (RFMZ) is Bearish.
What is the RSI signal for RIVERNORTH FLEX MUNI II (RFMZ) stock?
RIVERNORTH FLEX MUNI II (RFMZ) has an RSI value of 61.9509. This indicates that the stock is currently neutral.
What is the MACD signal for RIVERNORTH FLEX MUNI II (RFMZ) stock?
The MACD indicator for RIVERNORTH FLEX MUNI II (RFMZ) has a value of 0.0166872, indicating a bearish trend.
Can you provide the short term momentum for RIVERNORTH FLEX MUNI II?
The short term momentum for RIVERNORTH FLEX MUNI II (RFMZ) is positive.